Max Keiser said in his video back in January that he would be willing to buy the bitcoins from the FBI for $80 million when the price was between $950 to $1000 range. He further states Does Max even have that kinda money? Apparently he has a million Bitcoins though I haven't seen anything confirming that for sure, he was saying he's a Bitcoin millionaire. I think he means he has bitcoins worth a million in fiat. But perhaps not. ;-) |
|
|
|
Everyone would have to decide which network they wanted their coins to be on...
Just to be clear, in a fork of the blockchain and the client like this, the coins would be on both sides of the fork - the value of one side would probably be different that the other, but you'd have coins in both forks, however many coins you had at the point of the fork. Then you could decide what to do with each - I think many would sell the inflation-coin fork, but who knows. |
|
|
|
|
That is odd. Every install I've done has been bitcoin.conf. Odd. :-)
|
|
|
|
There was an article about it yesterday: DENVER — Bankers should beware of the Obama administration’s newly issued green light for banks doing business with the legal marijuana industry, according to the head of the Colorado Bankers Association. Memos released Friday by the Justice Department and Treasury Department’s Financial Crimes Enforcement Network were intended to give banks leeway to open accounts for marijuana businesses in states like Colorado and Washington that have legalized retail pot. Instead, the guidance “only reinforces and reiterates that banks can be prosecuted for providing accounts to marijuana related businesses,” said the CBA in a Friday statement. ... http://p.washingtontimes.com/news/2014/feb/14/banks-warned-they-risk-prosecution-if-they-follow-/ |
|
|
|
|
Assuming you tried killing it and restarting...Can you netstat to make sure bitcoind is listening on the correct port? (Or telnet?)
|
|
|
|
ufw not previously installed, so no help there. I noticed the bitcoin.conf from the script was having the following lines added: echo "server=1" > $config
echo "daemon=1" >> $config
echo "connections=40" >> $config
I added those, restarted bitcoind and still no luck... Can you kill and restart bitcoind? Is your local interface up? (E.g. ifconfig lo up) Did you just start it on this machine? Iirc, sometime when it is just coming up it takes some time to respond. |
|
|
|
Namecoin apparently no longer has a makefile.unix and just wants you to type 'make'. Also requires boost_chrono library. Took me forever to discover that there is no -lboost_chrono any more on ubuntu. Just remove that line from the Makefile and it links fine. I guess all those functions are built into the basic boost library now. Content of ~/.namecoin/bitcoin.conf:
Edit the file:
nano ~/.namecoin/bitcoin.conf Think those should be namecoin.conf? In theory they should have been named namecoin.conf, but namecoind looks for them as above in my experience. Eg namecoind looks for bitcoin.conf. |
|
|
|
+1. Rome wasn't built in a day, the history of bitcoin is full of volatility with a long term large upward trend. Just because it is no longer $1000/coin doesn't mean we are the "poor elite" - as I was quoted, given where the price was when this thread started, anyone who bought/mined then, before, or a long while after is doing well. |
|
|
|
Admit it...
The flagship of Fail, perhaps. |
|
|
|
No idea where you heard this info?
I made multiple withdrawals today 2/14
No kidding. This is just bad info. Perhaps trolling with FUD. |
|
|
|
I setup p2pool successfully, everything goes smoothly, however when I use bfgminer to mine on my pool, my pool raised this exception:
p2pool.util.jsonrpc.NarrowError: -12345 p2pool is not connected to any peers
Do you have any experience in this case?
How many connections does the web page show e.g. http://<YOUR URL>:9332/static/ Node uptime: 2.2 days Peers: 6 out, 7 in |
|
|
|
Well nobody stops you from making donations to the developers. Or you can make "donation pool" and then pay individual developers by work done. Bitcoin is OSS project many of you in this forum have made fortunes thanks to it, why not give some for the people who's work have made you richer.
Good point AND people can do the work themselves if they think something is an issue. If MtGox really needed something changed to help their business, why didn't they write some code for it? Mythical Man Month comes into play eventually as you increase the number of developers, but I don't think we are there. |
|
|
|
Okay, on the technical side I will not deepen, but you will agree with me that currently the value of bitcoin and suspicious behavior mtgox, who has not done something that had been doing when they knew the error is symptomatic of the bitcoin community has been placed under control of the big banking, and that something must be done to restore freedom to the currency and its users.
I understand that is is the function of the foundation. Although I will not want mentioning names, but if there do not act in the current situation, we must begin to point fingers.
Users are as free as ever. Some users used that freedom to continue to deal with an exchange that has had very well publicized problems for more than a year and they made a very bed decision in doing so. That is the nature of freedom - people can make good choices and bad choices. Gox would not have to drop withdrawals if they hadn't relied on something without understanding it. |
|
|
|
seems now we are poor elite  Given where the price has gone since this thread has started, doubtful. :-) |
|
|
|
Do you need to remember/record your passphrase?? I assume the answer is no, but would like some confirmation on this since the advice given when making a brain wallet is to write down or remember your passphrase.
Ie. If I roll a dice x number of times to generate entropy and generate a brain wallet off the results (on a secure, offline computer), then print the generated private and public key/address, would I ever need to recall the seed if I kept the printed the private key & stored it in a safe deposit box?? That way, the seed is purely random, and no one could ever generate the private key from it since the seed would be destroyed forever.
Also, regarding testing private key validity: I assume running a wallet client offline will be a good way to test the private keys to make sure they are valid and also correspond to the correct public address by inputting the privkey and seeing what public address is created from it (this would be tested in the secure permanently offline PC of course).
I'd keep two+ sets of backups if the value is high enough - I had papers in a safety deposit box in one of the WTC Towers on 9/11 through my bank which were gone as one would expect. Nothing major for me! compared to the loss of life and destruction then. But what if it was a lot of coins? Still nothing compared to the lives lost, but better to have a backup. Anyway, You could always do that and then use a bip38 encrypted paper wallet. |
|
|
|
Oh fuck it... I'll offer my advice here as well, regardless of what I think of the situation.
If you aren't the sole controller of your private keys, you don't have any bitcoins.
Exactly - it bears repeating :-) |
|
|
|
mark. is that you?
who is mark? Karpeles - Of mtgox. |
|
|
|
|
Who wants to buy when you have no idea when you can transfer the bitcoins out? And when you have little faith in their technical skills.
|
|
|
|
Any coins to which you don't have the private key are not yours, they are a ledger entry, so don't store coins anywhere except your wallet (cold storage is best), unless you absolutely have to.
Does Coinbase fall in this category? I create the address using Coinbase, where is my private key?? Curious about this same question as to does Coinbase fall under this? Coinbase and many other sites are reputable, but no one is perfect. SR 2 (unless they are crooks) made a dumb error and lost a lot of coins. Ditto Gox. Ditto others. Ditto some of the pools. Has coinbase been hacked? Not yet that we know of. Have people lost coins at coinbase? People say yes, probably through Trojans, key loggers, and the like. The best practice is to use cold storage for coins you don't intend to use soon, where you have the private key(s) created using the bitcoin wiki process. Think about it like this: you send your coins to me, and I'm holding them for you. You have to trust me, trust everyone who works with me, trust everyone who has access to our network (even the NSA can screw up there) and everyone who has access to the private keys. You also have to trust each of those people to not accidentally screw up by getting malware or just making a mistake in coding. Hopefully most of coinbase's coins are offline in cold storage, but you are trusting them. They are well funded, so probably are okay, but it is pretty easy to move your coins out of there if you intend to keep them for a long while, so even if the chance of them having a problem is low, why not protect yourself? |
|
|
|
Can anyone explain how this transaction malleability bug can be exploited to steal coins from a Bitcoin address? I thought it can only happen if you are an exchange, like Gox or Stamp, and people are making withdrawals.
I can't explain it to you, because it cannot happen. This is a blatant lie, the OP stole everyone's coins and, as the other poster said, anyone stupid enough to leave coins on a hosted site dedicated to selling illegal products deserves to have their bitcoins stolen. It can happen if withdrawals are automatic, requests for re-tries are automatic, and SR 2 used a transaction ID to confirm withdrawals were successful. E.g. 1. A withdraws 10 BTC, tx ID 1 2. A successfully changes tx ID 1 to tx ID 1a (malleability) 3. A tells SR 2 that tx ID 1 never arrived 4. SR 2 checks and sees tx ID 1 is not in the block chain so reissues it. (At least MtGox had a human at this step, but they fell for it too). 5. Goto step 1 until the wallet is drained. Very poor programming since nothing is final until it is confirmed (including the tx id), and this should not have been automated. Did this happen or did they take it? Don't know. Any coins to which you don't have the private key are not yours, they are a ledger entry, so don't store coins anywhere except your wallet (cold storage is best), unless you absolutely have to. |
|
|
|
|
Show Posts
